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Svetach [21]
3 years ago
10

The value of a stock share in a new technology company has been increasing at a rate of 8.6% quarterly. The initial price of one

share was $102.15. An investor plans to sell once the value of one share reaches $233.10. If t is the number of quarters since the initial price of one share was set, which equation could be used to determine how long it will take the share to reach $233.10, assuming it continues to grow at the same rate? 102.15 = 233.10(0.086)t
Mathematics
2 answers:
Delvig [45]3 years ago
7 0

Answer:

The equation is : 233.10=102.15(1.086)^{t}

Step-by-step explanation:

The given rate of interest = 8.6% or 0.086

The initial price of one share was $102.15. An investor plans to sell once the value of one share reaches $233.10.

No, if 't' is the number of quarters since the initial price of one share was set, then the equation that could be used to determine how long it will take the share to reach $233.10 is :

233.10=102.15(1.086)^{t}

Leviafan [203]3 years ago
4 0
That would be 
233.10 = 102.15(1.086)^t
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Answer:

<h2><em>ΔE =12.3 - (-9.6) which is equivalent to 21.9 feet </em></h2>

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Step-by-step explanation:

Give the distance covered by Vivian at the bottom of the elevation to be -9.6 feet and the distance covered by Vivian at the top of the elevation to be 12.3 feet, Vivian's change in elevation will be expressed as the difference in the elevation at the bottom and the elevation at the top.

Let the initial elevation Ei = -9.6 feet

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Change in elevation ΔE = 21.9 feet

<em>Hence the expression to represent Vivian's change in elevation from -9.6 feet at the bottom of the Ferris wheel to 12.3 feet at  the top is </em><em>ΔE =12.3 - (-9.6) which is equivalent to 21.9 feet </em>

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3 years ago
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